Mr. Kirby Renton reports

ARCTIC FOX LITHIUM APPROVED FOR TRADING ON THE OTCQB VENTURE MARKET AND ANNOUNCES DTC ELIGIBILITY

Arctic Fox Lithium Corp.'s common shares have been approved for trading on the OTCQB Venture Market in the United States under the symbol AFXLF, effective July 14, 2026. Its common shares are eligible for electronic clearing and settlement through the Depository Trust Company in the United States.

OTCQB Venture Market

The OTCQB Venture Market provides U.S. investors with improved access to information and a transparent trading platform for companies committed to providing quality disclosure and meeting continuing financial standards. Companies traded on the OTCQB must meet minimum bid price and financial reporting requirements and undergo an annual verification and management certification process. The OTCQB is recognized by the U.S. Securities and Exchange Commission as an established public market for purposes of Rule 144. The company's shares will continue to trade on the Canadian Securities Exchange under the symbol AFX and on the Frankfurt Stock Exchange under the symbol O5K.

DTC eligibility

DTC eligibility simplifies the trading and settlement of the company's shares for U.S. investors, allowing shares to be cleared electronically through U.S. broker dealers, eliminating the need for physical share certificates and reducing settlement times. The company expects this to broaden access to its shares for both institutional and retail investors in the United States.

"The OTCQB quotation and DTC eligibility together remove the two main barriers for U.S. investors looking to participate in our story," said Kirby Renton, president and chief executive officer of Arctic Fox. "As we advance exploration at our Shipshaw property in the Saguenay region of Quebec, these steps give American investors direct, efficient access to our shares."

The DTC is a subsidiary of Depository Trust & Clearing Corp. and provides clearing, settlement and information services for equities and other securities traded in the United States.

About Arctic Fox Lithium Corp.

Arctic Fox is a junior mineral exploration company advancing its Shipshaw property located in the Saguenay region of Quebec, within the Grenville geological province. The Shipshaw property is situated along the same regional geological corridor as the producing Niobec mine, an underground niobium operation in commercial production since 1976. The proximity of the property to the Niobec mine, combined with a comparable geological setting, underscores its prospective nature for niobium and associated rare earth element mineralization. The company also holds the 2,756-hectare Pontax North lithium project in the James Bay region of Northern Quebec.

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